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Dec 26, 2012
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. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said before, if we move into a recession, you're not going to get a 1585 target or 2 $108 in earnings. we're not expecting the powers that be in washington are going to be willing to save a defeat from the jaws of victory. >> you haven't watched them before, john, have you? >> i've been around for a long time. i have watched them before. i do know that they worry about legacy. the history books would write about them and say do this. >> it's good to talk to you. thank for coming on. >> thanks for having me. >>> pete, 1585 is the price target. second highest on the street just behin
. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said...
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Dec 28, 2012
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steve weis our bear. you must be concerned about the instagram loss of users. >> the instagram news was very negative for facebook. but if you saw the boy genius had an article out this morning that said they've actually gained users. contradicting what the new york post said as far as losing users. when you look at facebook it is really a valuation call. from the $38 price target it has come down south of 20. now you look at it and you're talking about revenues for next year. where are they going to generate revenues? we heard from zuckerberg who is growing into his role as a ceo. no longer a kid in a hoody but a guy running a multimillion dollar company. >> a married man. >> now you look for next year they expect north of $2 billion in revenue from their mobile apps. you look at the big kicker for next year and one of the main reasons i'm long facebook currently is their want buttons and gift buttons. when you're on facebook you click on a gift button and, bang. all of a sudden you send over to steven w
steve weis our bear. you must be concerned about the instagram loss of users. >> the instagram news was very negative for facebook. but if you saw the boy genius had an article out this morning that said they've actually gained users. contradicting what the new york post said as far as losing users. when you look at facebook it is really a valuation call. from the $38 price target it has come down south of 20. now you look at it and you're talking about revenues for next year. where are...
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Dec 28, 2012
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he was never a steve jobs clone. unfortunately, apple was designed to run under steve jobs. david: steve jobs is gone, tim cook is in. does apple ever recover the historic price levels that we saw for their stock just a few months ago? >> it seems, i mean, if you change enough of a company that has been trading very well that has been doing excellent, making almost no mistakes, it is difficult, the odds are against it. it is always possible, but the odds are against it. the apple today is not the apple that was trading at those highs. david: they are telling me i have to cut short. no po, flop or success? will this phone help them? >> i love the 920. android is looking weak. apple is looking a little bit weaker. those two companies will try to come back next year. the 920 is sold very well. it will be a race to see which company can actually restore their old glory. both of them are looking pretty good right now. the phone that i am caring right now is the 920. david: does someone by rim? >> i think they are still too expensive. i think they will be independent for much of t
he was never a steve jobs clone. unfortunately, apple was designed to run under steve jobs. david: steve jobs is gone, tim cook is in. does apple ever recover the historic price levels that we saw for their stock just a few months ago? >> it seems, i mean, if you change enough of a company that has been trading very well that has been doing excellent, making almost no mistakes, it is difficult, the odds are against it. it is always possible, but the odds are against it. the apple today is...
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Dec 27, 2012
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he still makes more than the late steve jobs, he had a $1 salary every year over his stock options. it is easy to say he is being punished for the stock price decline in apple but i think it was set up before, the precipitous decline. tracy: should heat man up and take $1? lori: i think a company like apple with its huge cash turn and the money it makes probably one of the toughest ceo jobs, probably earns it. tracy: plenty of apple products. lori: we should really judge, that is what the board is for, all of these -- tracy: very diplomatic of view. new applications for jobless claims fall to a five year low. is this a sign of real progress or a technicality tied to the holidays? economist and senior fellow kevin hasset at that. lori: major trading partners around world. it is stronger, people flocking to the dollar, flocking to u.s. treasurys, running out and raising for the exodus, u.s. equities market, it is the fight for equality under way. we're back after this. tracy: three trading days left in 2012. all eyes on the fiscal cliff, sandra smith looking at our commodities are rea
he still makes more than the late steve jobs, he had a $1 salary every year over his stock options. it is easy to say he is being punished for the stock price decline in apple but i think it was set up before, the precipitous decline. tracy: should heat man up and take $1? lori: i think a company like apple with its huge cash turn and the money it makes probably one of the toughest ceo jobs, probably earns it. tracy: plenty of apple products. lori: we should really judge, that is what the board...
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Jan 1, 2013
01/13
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even steve jobs used to eat there." and mona's sort of taken aback and bites her tongue and doesn't say, "steve jobs is your son." but she looks shocked, and he says, "yeah, he was a great tipper." >> and i was in that restaurant once or twice, and i remember meeting the owner, who was from syria, and it was most certainly him, and i shook his hand, and he shook my hand, and that's all. >> and jobs never spoke to him, never talked to him, never got in touch with him, never wanted to see him. [ticking] >> coming up, steve jobs delays cancer surgery. >> how could such a smart man do such a stupid thing? >> you know, i think that he kind of felt that if you ignore something, if you don't want something to exist, you can have magical thinking, and it had worked for him in the past. >> more steve jobs when 60 minutes on cnbc returns. >> the cancer that eventually killed steve jobs was discovered accidentally. while he was being checked for kidney stones back in 2004, a cat scan showed a shadow on his pancreas that turned out
even steve jobs used to eat there." and mona's sort of taken aback and bites her tongue and doesn't say, "steve jobs is your son." but she looks shocked, and he says, "yeah, he was a great tipper." >> and i was in that restaurant once or twice, and i remember meeting the owner, who was from syria, and it was most certainly him, and i shook his hand, and he shook my hand, and that's all. >> and jobs never spoke to him, never talked to him, never got in touch...
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Jan 1, 2013
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steve wozniak debuted the apple one there. with just one switch, the world would never be the same. >> i started typing, and things appeared on my tv set, and i knew, oh, my god, this machine is here. >> the machine is better known today as the apple computer. >> so this is a product that really launched the company. this product became so successful at and her other good, lucky things happen, but with the luck, we had the foresite, and it was the finest eninearing work i ever did in my life, and some great ideas to spring sparkle and fun to computers. i'm so glad for my part in making computers fun instead of boring, i don't know, engineering devices. >> that's the birth of one of the most -- connick brands ever launched in the 20th century. >> it was just a little thing we were doing on the side, you didn't think you're going to make a million bucks or something, no. >> reporter: little did he know. steve wozniak was a wiz kid who grew up in the heart of silicon valley. >> i had a very lucky childhood, i was exposed to a lot
steve wozniak debuted the apple one there. with just one switch, the world would never be the same. >> i started typing, and things appeared on my tv set, and i knew, oh, my god, this machine is here. >> the machine is better known today as the apple computer. >> so this is a product that really launched the company. this product became so successful at and her other good, lucky things happen, but with the luck, we had the foresite, and it was the finest eninearing work i ever...
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. >> steve and heather write for a magazine about urban poly. they say beggars today are hustlers. >> there must be a lot of them who are genuinely homeless or mentally ill, desperate people. >> every big city has food kitchens gore. the reason that people are on the streets asking for change is overwhelmingly drugs and alcoho >> i wasn't homeless. it was just a easy way to get money. >> john buster used to make a living handhandling. >> the best day? maybe $150. >> did he have trouble finding a job? >> i didn't look f no job. that was my job. >> panhandling as a job is common in san francisco, young, healthy kid beg for spare change. >> got to eat. got drink. >> tried to interview some of the kids. >> wake up in the morning, start drinking, good to bed, do it again. pretty much the same. >> they have the most deep-seated sense of entitlement i've ever come across. >> want to be able to sit where we want to. >> nobody is going to make us. >> punish homeless people for being homeless when insufficient shelter space is unavailable. >> homeless adv
. >> steve and heather write for a magazine about urban poly. they say beggars today are hustlers. >> there must be a lot of them who are genuinely homeless or mentally ill, desperate people. >> every big city has food kitchens gore. the reason that people are on the streets asking for change is overwhelmingly drugs and alcoho >> i wasn't homeless. it was just a easy way to get money. >> john buster used to make a living handhandling. >> the best day? maybe...
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Dec 28, 2012
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so i think she can ride that. >> steve, do you think she could get up to 70% or 65% or 70%? right now the democrats get 55% to start with. could she do something historically that blows the other party out of the game because of her dominance of female voters? >> yeah, i'm not sure in a general election you could do that, but i think the difference is this. if you look at the two reasons why she lost the democratic primaries to obama in 2008, one was the iraq war, that foreign policy. and the idea that democrats thought maybe she's too polarizing. obama is the uniter, clinton is the wars of the 1990s all over again, too many people don't like her. i think the best thing republicans have done for hillary clinton in the last four years is they have taken that argument away. no democrat can come along in 2016 and use that argument against her now, that she's a uniquely polarizing figure. she's as polarizing as anybody else. >> here is my view, get a whole new team around you. the team you ran with last time was a disaster. get people who want to enlarge your coalition. they sho
so i think she can ride that. >> steve, do you think she could get up to 70% or 65% or 70%? right now the democrats get 55% to start with. could she do something historically that blows the other party out of the game because of her dominance of female voters? >> yeah, i'm not sure in a general election you could do that, but i think the difference is this. if you look at the two reasons why she lost the democratic primaries to obama in 2008, one was the iraq war, that foreign...
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Dec 27, 2012
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steve lewis, steve got desks last two >>> good evening, americans, welcome to the ed show. i'm michael eric dyson in for ed schultz. the president cuts his vacation short to come back to washington, d.c., meanwhile, house republicans are literally phoning it in, this is the ed show, and as ed would say, let's get to work. >> this is something within our capacity to solve. it doesn't take that much work, we just have to do the right thing. >> six days away from the fiscal cliff and there are real consequences to millions of americans if no deal is cut. congressman elijah cummings and ryan grim of the huffington post are here with the latest. a tea party giant stages a coupe with his own office. the details on dick armey's hostile takeover. the nra is catching heat from all directions. >> i don't think the nra is listening, i don't think they understand. >> georgetown university law professor, david cole on the growing drumbeat against the nra. >>> six days until the price of milk shoots up to $8 a gallon. why house republicans are take ing america to the dairy cliff. >>> and
steve lewis, steve got desks last two >>> good evening, americans, welcome to the ed show. i'm michael eric dyson in for ed schultz. the president cuts his vacation short to come back to washington, d.c., meanwhile, house republicans are literally phoning it in, this is the ed show, and as ed would say, let's get to work. >> this is something within our capacity to solve. it doesn't take that much work, we just have to do the right thing. >> six days away from the fiscal...
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i want to start with steve on this one. this sunday when given the opportunity to defend hagel, chuck schumer i just mentioned, refused to do so. listen to what this very smart senator from new york had to say. >> that's his choice. i think once he makes it, his record will be studied carefully. but until that point, i think we're not going to know what's going to happen. >> can you support him? >> i'd have to study his record. i'm not going to comment until the president makes a nomination. >> steve, i have a sense that this knocking of this candidate has gone beyond neocons, people of the right. and including people who are just generally pro-israeli which is about most people in politics. i get the fear -- i have to call it fear because i liked hagel, that he may be in trouble now. the shots that have been taken at him about calling it the jewish lobby which is a problem because obviously people are very pro-israeli from the right. to use that term these days is the kind of thing that just ends up causing a lot of proble
i want to start with steve on this one. this sunday when given the opportunity to defend hagel, chuck schumer i just mentioned, refused to do so. listen to what this very smart senator from new york had to say. >> that's his choice. i think once he makes it, his record will be studied carefully. but until that point, i think we're not going to know what's going to happen. >> can you support him? >> i'd have to study his record. i'm not going to comment until the president...
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Dec 31, 2012
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and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've mo
and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing...
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. >> number 10, apple the first year without steve jobs and a company trying to prove under a new ceo it can invent things we needed we didn't know and would still buy. >> number 9, the u.s. stock market despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number 8, facebook's ipo, hundreds of millions of people like facebook, but investors did not. on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummelled the stock which has yet to climb its way back to its ipo price. >> number 7, mother meyer. the new ceo of yahoo who announced she was going to take a two-week maternity leave. it looks like a mother's touch is just exactly what yahoo needed. >> number 6, mother nature. a drought in the midwest that scorched the corn and soy crop sending prices sky high. who can forget superstorm sandy. damages as
. >> number 10, apple the first year without steve jobs and a company trying to prove under a new ceo it can invent things we needed we didn't know and would still buy. >> number 9, the u.s. stock market despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number 8, facebook's ipo,...
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>> yes, steve, i would agree with you. i think the risk reward today, s&p at 1400 is very a-similar et rick. there's a limited downside and a lot of upside. i think the low for the year, we think next year, will be near 1350. so say we have 50 points of downside and we have more than 150 points on the upside. the one thing i would just caution, though, is the first half, especially if you look at history on fifth-year bull markets, you could be pretty strong out of the debate. say we hit 1,500, but we start to run out of catalyst and that's what causes the retracement. >> so your best ideas for next year, i don't think apple will be a surprise to many, although given the way that the stock is finishing the year, today not withstanding, it may be. bank of america, you expect a run in financials to continue, bac, capital one, why do you think mcdonald's has a comeback in '13? >> in general what we are looking for is blue chip branded stories with very good history in management teams. that's all the companies you just named
>> yes, steve, i would agree with you. i think the risk reward today, s&p at 1400 is very a-similar et rick. there's a limited downside and a lot of upside. i think the low for the year, we think next year, will be near 1350. so say we have 50 points of downside and we have more than 150 points on the upside. the one thing i would just caution, though, is the first half, especially if you look at history on fifth-year bull markets, you could be pretty strong out of the debate. say we...
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Dec 24, 2012
12/12
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my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food b ban. david: take a look at this quote about romney. quote he wanted to be president less than anyone i've met in my life. he had no desire to run. now that is from his son, tagg romney about his father. he said that governor romney had to be persuaded to run by his wife and tagg. so company, what do you think about this? do you believe it? adam: if tagg wants back in on the inheritance -- [laughter] shibani: what do you think? if that's the case, then everything worked out as it should have in the first place. well, i would beg that his son is probably not t
my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local...
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Dec 27, 2012
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. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge
. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3%...
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Jan 1, 2013
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steve? >> steve: let's switch gears. the new year is bringing if a new job for our next guest and an impresssive one to say the least. after nearly 25 years, of military service, he's about to receive the highest enlisted rank in the united states air force. senior master sergeant scott stoy joins us live. good morning to you. >> good morning. >> steve: what have you been doing in the air force all these years? >> for the first 12 years i worked as a aero ground space and then recruiting. i've gone through the gauntlet of being a recruiter and a flight chief and moved up to squadron level and now the superintendent of active duty recruiting for the state of new york. >> steve: that's awesome. it's good because when you go into the recruiting office and you want to talk to somebody who has been there and doesn't -- it's good to have a guy like you right there behind the desk. >> yes. all of our recruiters have experience. we don't allow recruiters to come right in as a recruit. they have have experience in the air force t
steve? >> steve: let's switch gears. the new year is bringing if a new job for our next guest and an impresssive one to say the least. after nearly 25 years, of military service, he's about to receive the highest enlisted rank in the united states air force. senior master sergeant scott stoy joins us live. good morning to you. >> good morning. >> steve: what have you been doing in the air force all these years? >> for the first 12 years i worked as a aero ground space...
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our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail numbers as they trickle in. much coming up. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you can stay in and share something... or you can get out there and act
our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail...
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. >> tim geithner told steve liesman. >> i have it ready. >> that he is we should show it multiple times. >> tt is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest -- remember, it's only 2%. and all of those americans get a tax cut on the framework of the first $250,000 of their income. >> yeah, yeah, you still get the 250, andrew. they love that. what does oh, absolutely mean, bob? >> maybe it means his favorite movie was "rebel without a cause." >> go the. >> i guess it's letting the other side know you're willing to go eyeball to eyeball with something that is terrible. >> i see both sides pretending to say, yeah, we're doing all we can, but it's almost just like this -- like boehner just said, hey, you guys, you happen, in the democratic-controlled senate, you put a bill together. i'd love to consider it. he can't get his guys to consider a democratic bill. >> as long as they feel like they can blame the other guy, they feel they have cover. this is
. >> tim geithner told steve liesman. >> i have it ready. >> that he is we should show it multiple times. >> tt is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest -- remember, it's only 2%. and all of those americans get a tax cut on the framework of the first $250,000 of their income. >> yeah, yeah, you still get the 250,...
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Dec 31, 2012
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steve moore, senior economics writer with the "wall street journal." steve, thank you very much. shibani: so far the markets are having a tough time deciding what will happen over the next few hours. ashley: traders worried? we will ask a chief market strategist. we will have his opinion coming up next. ♪ [ male announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. shibani: breaking news, live pictures from the white house as we wait for president obama to speak in about 15 minutes from now as lawmakers struggle to hammer out a deal on the fiscal cliff. peter barnes believes the president will announce a deal. we will bring you his co
steve moore, senior economics writer with the "wall street journal." steve, thank you very much. shibani: so far the markets are having a tough time deciding what will happen over the next few hours. ashley: traders worried? we will ask a chief market strategist. we will have his opinion coming up next. ♪ [ male announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe...
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Dec 27, 2012
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up next is steve forbes. after that we will be talking with matt bennett about gun background checks and gun sales in the u.s. mr. forbes coming from our studio in new york in just a few minutes after "washington journal" continues. [video clip] >> that they really started to get worried in the summer and fall of 1774. the british admirals and generals and diplomats were reporting to the crown that the colonists were sending ships everywhere to try to get ammunition and muskets and cannon. this was after the british had sent more troops to boston after the boston tea party and the so-called coercive acts, and it's clear that the colonists were pulling together ammunition and cannon. maybe they didn't intend to use it. that was a big debate. the king on october 1774 basically prohibited british ships from taking ammunition and everything to the colonies unless it was officially sanctioned. they were very alert to this. as soon as the colonies found out about the order prohibiting ammunition and munitions from
up next is steve forbes. after that we will be talking with matt bennett about gun background checks and gun sales in the u.s. mr. forbes coming from our studio in new york in just a few minutes after "washington journal" continues. [video clip] >> that they really started to get worried in the summer and fall of 1774. the british admirals and generals and diplomats were reporting to the crown that the colonists were sending ships everywhere to try to get ammunition and muskets...
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Dec 24, 2012
12/12
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congress sunday on reaching talks resume to try and the megayacht that steve after a payment disputethe venus, a $137.5 million, 260-foot-long yacht, made october. it's currently stuck in the port of amsterdam after the designer, philippe starck agency to attempt to remit the final payment for his design. according to lawyers at starck's design company, the designer has only received 6 million of the 9-million- euro commission and is payment before the venus will be released. as santa prepares to make his big journey. kids and adults all over the world can track his progress onbut that's not the only place people can go to see one of our viewers. as rain poured into a hillsdale mall parking lot. you can see it rushing down to partially flood. in the south bay. ther were reports of sporadic flooding all around pounded the area. news. as you can see there are sidewalks. a starbucks parking lot alsoseveral inches of rainwater chp's statewide dui crack down. chp is reporting that 700 drivers have been arrested statewide for driving under the influence of drugs or111 of those arrests were ma
congress sunday on reaching talks resume to try and the megayacht that steve after a payment disputethe venus, a $137.5 million, 260-foot-long yacht, made october. it's currently stuck in the port of amsterdam after the designer, philippe starck agency to attempt to remit the final payment for his design. according to lawyers at starck's design company, the designer has only received 6 million of the 9-million- euro commission and is payment before the venus will be released. as santa prepares...
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Dec 26, 2012
12/12
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lori: ramesh, and steve, thanks you both chiming in. appreciate your take on these topics of the day. >> thanks. lori: reality is sinking in with just five days to go before we go over the cliff or maybe we won't. how are americans feeling? the latest poll numbers and gerri willis next. tracy: people are waking up finally. we'll tell you which industry stand to add and stand to lose the most jobs in 2013. let's take a look at some of today's winners and losers as we head out to break. the dow down 25 points. jcpenney is your s&p 500 winner, up 3 1/2%. we'll be right back. >> all that rough weather on the eastern sea board. >> just on its way to new york. snowing a little. it's seasonal. typical winter. it's officially here; right? >> yeah, i'm all about the beach and whatever. >> i know. >> bikinis and forget the snow boots. >> my kids went skiing yesterday and had a blast. to each its own. the dow's off 29 points. we are on the floor. >> i love the beach. i switch from skiing to snowboarding because hi kids said i was not cool on the s
lori: ramesh, and steve, thanks you both chiming in. appreciate your take on these topics of the day. >> thanks. lori: reality is sinking in with just five days to go before we go over the cliff or maybe we won't. how are americans feeling? the latest poll numbers and gerri willis next. tracy: people are waking up finally. we'll tell you which industry stand to add and stand to lose the most jobs in 2013. let's take a look at some of today's winners and losers as we head out to break. the...
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Dec 31, 2012
12/12
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steve, thanks very much indeed. give us a report on what the rich are actually going to do come the new year. thanks, steve. >> thanks, stuart. happy new year. stuart: you have a smile on your face. david: i'm also thinking zab the guy who is making a million bucks a year from his relatively small business. i know several people like that. they're driving in a 5-year-old, 6-year-old cadillac and they put all of the money they make into their kids' education and their business. that's it. there are a lot of people like that. what are they going to do? they can't cut back on it. they can't send their kids to a cheaper school. they are already enrolled. maybe they will have to do something like that. those are the people that i'm really suffering for. stuart: i think we should make it clear that we're not just referring to taxes going up on upper income people, you also have to consider higher capital gains taxes, higher dividend, interest taxes, medicare taxes. david: i can't imagine it won't have a depressing effect
steve, thanks very much indeed. give us a report on what the rich are actually going to do come the new year. thanks, steve. >> thanks, stuart. happy new year. stuart: you have a smile on your face. david: i'm also thinking zab the guy who is making a million bucks a year from his relatively small business. i know several people like that. they're driving in a 5-year-old, 6-year-old cadillac and they put all of the money they make into their kids' education and their business. that's it....
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Jan 1, 2013
01/13
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joining us, a republican congressman from ohio, steve latourette is joining us. congressman, thanks very much for coming in. >> good to see you. >> i know you've been catching closely what's going to happen. what's your sense? where are we going in the next few hours. >> the house will go into session in the next 15 minutes to vote on a serious of very important matters, naming post offices all across the country. but we will use that time, the whip will use that time to find out where the conference is and a couple of different proposals. dana's reporting is right on the money. she has the proposals identified, and then at that moment in time, the leadership will make a decision as to which version to put on the floor later this evening. one that would have some spending cuts and the other would be just an up or down vote on the senate-passed package. >> if there's just an up or down vote on what the senate passed last night, 89-8, overwhelmingly passed in the senate, let's say that comes up without any amendments and 150 democrats vote in favor. let's say 150 d
joining us, a republican congressman from ohio, steve latourette is joining us. congressman, thanks very much for coming in. >> good to see you. >> i know you've been catching closely what's going to happen. what's your sense? where are we going in the next few hours. >> the house will go into session in the next 15 minutes to vote on a serious of very important matters, naming post offices all across the country. but we will use that time, the whip will use that time to find...
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Dec 30, 2012
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that stev steam -- that steve look at that steve we will be right back. steam >>> thanks for tuning in to our second hour of kron 4 news weekend.this sunday, december 30th. i'm j-r stone. joe? >> good morning, j.r. janu.... >> :we will see the temperatures with possible shower activity. with 30's hugging the coast. >>> some of the stories we're morning.dozens are displaced following an apartment fire in san francisco's mission district. and.a candlelight vigil is held for a man killed when fire on him earlier this week. we'll get to those stories new this morning.three people are dead.including a child, after an apartment complex in san jose goes up in flames overnight. kron four's mike pelton is live from san jose where investigators remain on the scene.he brings us the latest. good morning mike. >> they remain on the 3000 blocked as the red cross is also here helping people displaced. 60 people are without a home. let me show you video 1/2 dozens residents bought gold and blankets. authorities responded just after a 11 last night finding people trapped
that stev steam -- that steve look at that steve we will be right back. steam >>> thanks for tuning in to our second hour of kron 4 news weekend.this sunday, december 30th. i'm j-r stone. joe? >> good morning, j.r. janu.... >> :we will see the temperatures with possible shower activity. with 30's hugging the coast. >>> some of the stories we're morning.dozens are displaced following an apartment fire in san francisco's mission district. and.a candlelight vigil is...
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Dec 24, 2012
12/12
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what happen fess we don't in steve liesman's predictions. >>> have you bought an apple product on-line from anyone? if you have, listen up, snatch and grabs are plaguing apple users throughout the country and are making their way on-line. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going s
what happen fess we don't in steve liesman's predictions. >>> have you bought an apple product on-line from anyone? if you have, listen up, snatch and grabs are plaguing apple users throughout the country and are making their way on-line. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in...
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Dec 27, 2012
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. >> number 10, apple, the first year without steve jobs. they still invent things we didn't know we needed that we would buy faster than anything that's been sold in personal technology than ever before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock which has yet to climb its way back to its ipo price. >> number seven, mother meyer, the new ceo of yahoo!. 37 years old. looks like a mother's touch is just exactly what yahoo! needed. >> number six, mother nature. an intense drought in the midwest that scorched the soy and corn crop sending prices sky
. >> number 10, apple, the first year without steve jobs. they still invent things we didn't know we needed that we would buy faster than anything that's been sold in personal technology than ever before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff....
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Dec 24, 2012
12/12
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. >> the mega yacht that steve jobs commission and the final years of his life has been impounded in amsterdam after a pay dispute involving the designer. the the mist, a $137 million, 260 ft. long yacht, made under official debut in late october. it is currently stuck in the port of amsterdam after the designer, philippe starck hired a debt collection agency to attempt to remit the final payment for his design. according to lawyers at starck's design company, the designer has only received 6 million of the 9 million your rogue commission and is seeking the rest of the payment before the business will be released. >> it is kind of ugly. >> on to bay area weather. we will have more on the holiday forecast. >> we are taking a look at christmas eve conditions. here is a look at the james lick freeway. as we take a look as storm tracker 4 the storm is not really that much to concern ourselves with right now. is just light rain. we do not have any real grain to contend with at this time. there is mid 30's out the door for santa rosa. it is 36 degrees and napa and upper 40's for san franci
. >> the mega yacht that steve jobs commission and the final years of his life has been impounded in amsterdam after a pay dispute involving the designer. the the mist, a $137 million, 260 ft. long yacht, made under official debut in late october. it is currently stuck in the port of amsterdam after the designer, philippe starck hired a debt collection agency to attempt to remit the final payment for his design. according to lawyers at starck's design company, the designer has only...
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Dec 27, 2012
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steve in wisconsin on the republican line is our first caller. caller: good morning. my question to you is -- nobody will not address the issue of the bureaucracy. you go on line and let that the department of energy or the department of education and the number of employees they have. we do not need all that. they can cut the number of employees in half and we would have real savings. nobody will address these issues. i'll hang up. guest: when you have a budget in washington, it is hard to cut back politically. if you do, people say you are against the were the goal. this worthy goal, that worthy goal. there was a british historian in the 1950's. after world war i, britain had the largest navy in the world and they reduced the size of the navy. the laid-off sailors and dock workers. the agency running the navy was getting bigger as the navy was getting smaller. he made the discovery -- the size of a bureaucracy has nothing to do with the amount of work the bureaucracy does. it will grow unless it is reined in. the bureaucracy was getting bigger. if you get that kind
steve in wisconsin on the republican line is our first caller. caller: good morning. my question to you is -- nobody will not address the issue of the bureaucracy. you go on line and let that the department of energy or the department of education and the number of employees they have. we do not need all that. they can cut the number of employees in half and we would have real savings. nobody will address these issues. i'll hang up. guest: when you have a budget in washington, it is hard to cut...
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Dec 30, 2012
12/12
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the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investments in education and making sure we do not have the necessary programs that can help us do that growth, w
the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who...
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Dec 29, 2012
12/12
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people were so outraged that one congressman, steve king from iowa, actually went on the floor of the house and denounced this move. well, as a result of all the coverage, the order was rescinded, but again, it's just-- >> who gave the order? >> this came from his superiors in the army. so, the challenge here is there have been so many attacks on religion, especially the christian religion in the military, just a couple of weeks ago we did a story about a base in afghanistan where they were ordered to take down a nativity scene because it might offend people. >> dave: and the attacks even having on the football field and the attacks-- >> you have to wonder what's going on here. a group of high school cheerleaders in texas of all places, well within the bible belt, put up a banner that had a christian slogan, a christian bible verse. an organization out of which is wisconsin they got wind of it and they threatened to sue unless they took down the bible verses, you state of text it is got involved. and you don't want to mess with god or guns in texas, but they keep the bible verses, to
people were so outraged that one congressman, steve king from iowa, actually went on the floor of the house and denounced this move. well, as a result of all the coverage, the order was rescinded, but again, it's just-- >> who gave the order? >> this came from his superiors in the army. so, the challenge here is there have been so many attacks on religion, especially the christian religion in the military, just a couple of weeks ago we did a story about a base in afghanistan where...
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Dec 30, 2012
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if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we need to change. in general we need to realize that if we set the country on the right path and make the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure that we are continuing to invest in those kinds of investments. we should also realize
if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we...
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Dec 31, 2012
12/12
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as we take a look at the very important new year's steve forecast. at 8:00 p.m. you should dress in layers because it will be really close. it will not rain. as we pushed into midnight on we offical welcome in 2013 it will be light winds and the forecast. check out your inland temperatures. they will dip into the mid 30's by midnight. >> i do now have any chain controls an affect for tahoe. there is freezing fog for the next couple of mornings. your high will climb ride around the freezing mark and temperatures for your overnight low will be below zero. your kron 47 day around the bay shows that it will be pretty quiet. it will be rain for thursday. no ransom the forecast as we transition into the weekend. this is your last morning report for 2012. >> it has been a pretty good ride around the bay and it will continue to be this way. we're not tracking any delays are caused by spirit there have been no more reports of icy conditions. the bay bridge is light and easy. there are zero delays on the approach or across the span. the san mateo bridge ride is the same pe
as we take a look at the very important new year's steve forecast. at 8:00 p.m. you should dress in layers because it will be really close. it will not rain. as we pushed into midnight on we offical welcome in 2013 it will be light winds and the forecast. check out your inland temperatures. they will dip into the mid 30's by midnight. >> i do now have any chain controls an affect for tahoe. there is freezing fog for the next couple of mornings. your high will climb ride around the...
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Dec 26, 2012
12/12
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special dev dend so that steve wyn saved 21 million and larry elison third richardson accel brated difdepped payments that -- dividend payments that saved him money . what it means for growth down the line. corporations will retain earnings rather than distribute them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to thes . they are not sure and look at walmart. it is the walton family that is the richest family in the united states. they initially planned dividend pay out for january 2nd . uncertainty about the fiscal cliff. they are moving up it is yet another example of how we get around this. i would point out when companies are not paying out the dividends, it means we get waste we
special dev dend so that steve wyn saved 21 million and larry elison third richardson accel brated difdepped payments that -- dividend payments that saved him money . what it means for growth down the line. corporations will retain earnings rather than distribute them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the...
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Dec 31, 2012
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steve liesman has more on that. >> we talk about a lot of these big numbers that are out there and we don't talk about what it means to individuals. so let me see if i can break down the big numbers into something that might mean something to individual people here. $620 billion, that's the number that's the total revenue increases and spending cuts. about $130 billion of the automatic cuts that john harwood was just talking about, talking about trying to ally for a little while. 1920. that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits again if there's no fix to the fiscal cliff. $1,000, that's the amount that the average family will see a tax hik
steve liesman has more on that. >> we talk about a lot of these big numbers that are out there and we don't talk about what it means to individuals. so let me see if i can break down the big numbers into something that might mean something to individual people here. $620 billion, that's the number that's the total revenue increases and spending cuts. about $130 billion of the automatic cuts that john harwood was just talking about, talking about trying to ally for a little while. 1920....
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Dec 27, 2012
12/12
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the first year without steve jobs and a company that's trying to prove under a new ceo that it can still invent things that we didn't even know we needed that we would buy, faster than anything's ever been sold in personal technology before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced that she was just going to take a two-week maternity leave, as she was going to try to turn this company around. 37 years old, it looks like a mother's touch is exactly what this company need
the first year without steve jobs and a company that's trying to prove under a new ceo that it can still invent things that we didn't even know we needed that we would buy, faster than anything's ever been sold in personal technology before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been...
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Dec 28, 2012
12/12
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steve jobs had been cast out, he comes back in, reinvents the company. it's one of the greatest business success stories in the history of modern society if not longer. >> at one point, apple stock approached $700, right? now the stock is, what, near $600? >> yeah, likely because of capital gains. >> who can afford to buy the stock? >> studies have shown, mike, if you buy one share -- you have $500 to invest, you buy one share of a $500 company, you might not think you can make as much as buying ten shares of a $50 company, many studies show you can make just as much because it's $50 for a reason. >> buy one share. i'm not advising. >> where is the libor scandal story? a dozen banks. >> thanks a lot, by the way. >> apparently, my hatred of the uk helped. i didn't want to say libor. >> i know it's boring. >> because the antinm, bore. and i promised barnicle that i wasn't going to say fiscal cliff. i promised not to say it. i found other stories. and libor, i hear you. >> i love that story. terrible word. >> that's what we talk about, libor. in the real wo
steve jobs had been cast out, he comes back in, reinvents the company. it's one of the greatest business success stories in the history of modern society if not longer. >> at one point, apple stock approached $700, right? now the stock is, what, near $600? >> yeah, likely because of capital gains. >> who can afford to buy the stock? >> studies have shown, mike, if you buy one share -- you have $500 to invest, you buy one share of a $500 company, you might not think you...
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Dec 27, 2012
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we will be joined by steve forbes. later, discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. "washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books on increasing stock prices. she spoke about what she described as the corporate world in the effort to maximize profits in the short term, but but greater the long-term value of any company. [applause] >> good evening, everyone, and welcome. professor lynn stout is a distinguished professor at the cornell university law school. our work focuses on the intersection of law, business, and morality -- her work focuses on the intersection of law, business, and morality. she has worked with many organizations around the world, including the clinton global initiative. in 2012, she was named tom on the economy -- top on the economy. her new book is the shareholder yth.es met please welcome professor lynn stout. [applause] >> thank you, charles, for that kind i
we will be joined by steve forbes. later, discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. "washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books on increasing stock prices. she spoke about what she described as the corporate world in the effort to maximize profits in the short term, but but greater the long-term value of any company. [applause] >> good...
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Dec 30, 2012
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emmy, however, he was inducted into the academy of television arts hall of fame in 1992 and in 2005 he steve the presidential medal of freedom and won a grammy in 1997 for his album of gospel music but his legacy for many will be the andy griffith theme song. >> of course. >> i didn't realize it went out at the top of the ratings like i love lucy and seinfedl. >> and henry hill. >> a a know torous new york city mob teresa payton and fbi informant jess died from heart failure and lived a complicated life from drug cartels to the air france robbery which then formed the base for the martin score saycy film. popular characteristic. >>> and robin giv gibb of the bee gees. stayin' alive and how deep it your love. >> best known for being one of the members of the bee gees with a career spanning six decades. they he sold more than 220 million records worldwide. divide as one of the major figures in the history of british music. he will be remembered for putting the disco on the map in the late '70s and creating the saturday night fever soundtrack starring john travolta can. and he received multiple
emmy, however, he was inducted into the academy of television arts hall of fame in 1992 and in 2005 he steve the presidential medal of freedom and won a grammy in 1997 for his album of gospel music but his legacy for many will be the andy griffith theme song. >> of course. >> i didn't realize it went out at the top of the ratings like i love lucy and seinfedl. >> and henry hill. >> a a know torous new york city mob teresa payton and fbi informant jess died from heart...
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people think there is a steve jobs legacy. what would jobs do? this is what would cook do? he will come up with dazzling omg is what we're calling them, products. >> brand new senator coming to washington from massachusetts. elizabeth warren. what are you expecting from her? >> will she be a thorn in of ba become the voice of the government against bankers? she wants to be the latter. i think she'll only be the former. >> secretary of leaving. >> right. >> gone. tim giethneithner is saying i'm. give me the short list of people if you had the power to replace him. >> i'll give you the type of person, because i think this is who is in the running. a lot of executives in 2012 began to embrace the president after the big win. we need to see someone not necessarily from banking. that may be too troublesome but from industry. major fortune 500 -- >> throw a name out there. >> how about dave cote, ceo of honeywell. why him? leader of the debt reduction talks. >> didn't he go on sunday talk shows and say i'm not hiring, i'm holding my money to see if the guys washington can get it
people think there is a steve jobs legacy. what would jobs do? this is what would cook do? he will come up with dazzling omg is what we're calling them, products. >> brand new senator coming to washington from massachusetts. elizabeth warren. what are you expecting from her? >> will she be a thorn in of ba become the voice of the government against bankers? she wants to be the latter. i think she'll only be the former. >> secretary of leaving. >> right. >> gone....